Nerdy Inc Stock Current Asset

NRDY Stock  USD 1.32  0.07  5.60%   
Nerdy Inc fundamentals help investors to digest information that contributes to Nerdy's financial success or failures. It also enables traders to predict the movement of Nerdy Stock. The fundamental analysis module provides a way to measure Nerdy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nerdy stock.
Non Current Assets Total is likely to drop to about 21.3 M in 2024. Other Current Assets is likely to drop to about 4.5 M in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Nerdy Inc Company Current Asset Analysis

Nerdy's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

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Cash

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Deposits

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Liquid Assets

More About Current Asset | All Equity Analysis

Nerdy Current Asset Historical Pattern

Today, most investors in Nerdy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Nerdy's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Nerdy current asset as a starting point in their analysis.
   Nerdy Current Asset   
       Timeline  
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

Nerdy Total Assets

Total Assets

121.14 Million

At this time, Nerdy's Total Assets are fairly stable compared to the past year.
In accordance with the recently published financial statements, Nerdy Inc has a Current Asset of 0.0. This is 100.0% lower than that of the Software sector and about the same as Information Technology (which currently averages 0.0) industry. The current asset for all United States stocks is 100.0% higher than that of the company.

Nerdy Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nerdy's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nerdy could also be used in its relative valuation, which is a method of valuing Nerdy by comparing valuation metrics of similar companies.
Nerdy is currently under evaluation in current asset category among its peers.

Nerdy Fundamentals

About Nerdy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nerdy Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nerdy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nerdy Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Nerdy Stock Analysis

When running Nerdy's price analysis, check to measure Nerdy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nerdy is operating at the current time. Most of Nerdy's value examination focuses on studying past and present price action to predict the probability of Nerdy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nerdy's price. Additionally, you may evaluate how the addition of Nerdy to your portfolios can decrease your overall portfolio volatility.